Econocasts

Sunday, February 26, 2017

2017.02.24 XOI.X Cycle Model Chart

2017.02.24 XOI.X Cycle Model Chart

The XOI.X model predictive curve continues to shift to the right, and
suggests that much lower prices are highly unlikely, while pressure is
building for a rise going forwards. Astute readers with good memories will realize this is the same analysis as provided from the model run about a month ago shown below. Also of note is that a medium term model of USO continues to remain in sell mode, as shown here. A previous iteration of the model is shown below and here on the blog.